Scottish oil and gas innovation hub invests £12m in new N. Sea projects

The OGTC campus
The OGTC campus building

Scotland’s new Oil & Gas Technology Centre has approved investment of more than £12 million in 21 North Sea  projects since it opened six month ago.

The Innovation Hub will help in embracing future opportunities as well as reinforcing the skills and capabilities which exist in this region and across the supply chain.”

The Oil & Gas Technology Centre – a not-for-profit, industry-led, technology research and development organisation – is one of several such public sector bodies and/or quangos which occupy a crowded economic development landscape in Aberdeen.

For example, the OGTC shares not just a similar name –  but also similar goals – with the Oil and Gas Innovation Centre (OGIC).

Visiting Aberdeen to open the centre’s Innovation Hub Nicola Sturgeon, Scottish First Minister said: “The Oil & Gas Technology Centre has made fantastic progress since opening its doors in February of this year. The new Hub aims to be the engine for innovation in the North Sea oil and gas industry.

“The state-of-the-art facility will speed up deployment of new technologies to help unlock the full potential of the sector, and cement Aberdeen’s reputation as a global centre for innovation and technology development.

“The Hub’s potential is being embraced by an ever-increasing number of companies. They recognise its important role in addressing industry problems and exploring how oil and gas technology can be adopted in other industries, such as renewables.”

Steve Phimister, Director for UK & Ireland at Shell, added: “Technology is providing solutions as the oil and gas sector seeks to maximise economic recovery from the North Sea.

 

3 Oct 2017

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